Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 REDHILL GROVE is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £235,000 in June 2020, which was around 13% below the average June 2020 detached price in the Chorley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 REDHILL GROVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. One of the two 2 REDHILL GROVE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2020 2 JUN | £235,000 | £269,115 | 13% below HPI |
2000 23 MAY | £94,950 | £94,360 | 1% above HPI |
The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 2 REDHILL GROVE sales from May 2000 and June 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
2 REDHILL GROVE is 100m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 2 REDHILL GROVE lies on this distribution: 32% of detached houses are smaller than 2 REDHILL GROVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Chorley.
2 REDHILL GROVE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 2 REDHILL GROVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 REDHILL GROVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
2 REDHILL GROVE is located in CHORLEY, in the PR6 postcode district. The below map shows the position of No. 2 on REDHILL GROVE.